ITC Ltd reported results today. We are talking about an Indian company in which $BATS.-0.4%L/$BTI+0.9% has about 30% stake.
Q2 2024
The interesting numbers are from the fast moving consumer goods segment, which includes cigarettes. Cigarette sales are up 10.1% year-over-year. A different trend from the European one.
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I'm thinking of listing a PUT on $NIO-5.1%, and probably some CALL spreads to go with it.